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New Deal


Announced

StorageMart to acquire Manhattan Mini Storage.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Private

Majority

Consumer Services: Other

Pending

Domestic

storage services

Friendly

self storage

Single Bidder

Synopsis

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StorageMart, the largest privately-owned self-storage company in the world, agreed to acquire Manhattan Mini Storage, a self storage and moving company based in New York City. Financial terms were not disclosed. The purchase of Manhattan Mini Storage includes the entirety of the company's 18 self-storage real estate locations throughout Manhattan. Following the acquisition, StorageMart will exceed 20m net rentable square feet of storage and more than 200k storage units worldwide.

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